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Bitcoin Surges Past $90,000: Trump's Win and Institutional Buying Fuel Record HighBitcoin's price has skyrocketed recently, reaching a record high of $89,253 (early morning Beijing time on November 12th), less than a week after the US presidential election. This surge not only pushed Bitcoin to new heights but also triggered a significant inflow of capital, with iShares Bitcoin Trust (IBIT), managed by BlackRock, now exceeding the size of one of the largest gold ETFs, iShares IAU

Is Ethereum's correction a buying opportunity? Don't be fooled by the "Ethereum is trash" lie!Recently, a picture has been circulating on social media, with some people using it to claim Ethereum is "trash" and devalue its worth, arguing that its price performance is weaker than Bitcoin's. The picture shows a comparison of Bitcoin and Ethereum prices at different points in time, with Bitcoin repeatedly breaking through $70,000 while Ethereum consistently declines, attempting to prove Ethereum's weakness

MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin Over Next Three YearsMicroStrategy, a publicly traded company, announced a bold plan on Wednesday, revealing its third-quarter earnings and outlining its intention to raise $42 billion to purchase more Bitcoin over the next three years. Dubbed the "21/21 Plan," MicroStrategy aims to achieve this goal through $21 billion in equity financing and $21 billion in debt issuance

Billionaire Hedge Fund Manager: Inflation is America's Biggest Risk, I'm Buying Gold, Bitcoin and CommoditiesPaul Tudor Jones, the legendary American investor and billionaire hedge fund manager, said he is holding gold, Bitcoin, and commodities to hedge against inflation risks as both presidential candidates lack a proper plan to address the US debt problem.Jones, who founded his hedge fund, Tudor Investment Corporation, over 40 years ago and is known for correctly predicting the 1987 stock market crash, believes that inflation risks will be more apparent after the November election as both candidates have proposed tax cuts and spending plans, ignoring the US deficit problem

Is the Whale's Recent ETH Buy-In a Sign of Confidence in Ethereum's Future?The cryptocurrency market has once again been stirred by an intriguing development. On-chain analyst @ai_9684xtpa has observed that a whale, previously known for losing $8

Bitcoin Drops Below $60,000, Exchange Users "Buy the Dip," Is an Uptober Rally in the Cards?On Oct. 3, Bitcoin dipped below $60,000 at the Wall Street open, with exchange users displaying strong buying interest, prompting both anticipation and concerns about an "Uptober" rally

Bitcoin and Ethereum Retest Lows: Is it Time to Buy the Dip?The new week has begun, and on Friday, Bitcoin broke through 55,500, surging to 56,800, bringing us handsome profits. Ethereum also performed exceptionally well, climbing from 2,340 to 2,409, allowing us to successfully close our positions for profits

Nvidia Plunges: AI Bubble Burst or Buying Opportunity?Nvidia, touted by Wall Street as "the most important stock on earth," saw its market cap evaporate by roughly $406 billion this week, putting significant pressure on the U.S

Bitcoin Drops Below $65,000, Fear Grips the Market: Is it Time to Buy the Dip?Although the overall crypto market has been relatively subdued since the start of this bull run, except for Bitcoin and a few mainstream tokens, optimism in the market is rising with the Federal Reserve expected to enter a rate-cutting cycle. This has fueled anticipation of an upcoming bull run

Gold Prices Hit All-Time Highs, Central Banks Go on Buying Spree, But Bitcoin Still Leads the PackDuring the first half of 2024, global central bank gold purchases reached a record high of 483 tons, driving gold prices to unprecedented levels. This staggering figure represents a 5% increase from the previous record of 460 tons set in the first half of 2023, with central bank gold purchases in the second quarter alone surging 6% year-on-year to 183 tons

Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?Recently, the crypto world was once again ignited by a "bickering" war, with the protagonists being Huobi, Binance, and OK, the three major exchanges. The trigger for this war was Binance's announcement on July 12th, stating that it had completed its eighth platform token BNB buyback and burn, and announced that it would prioritize burning the BNB held by the team in the future

Ethereum Whales Buy the Dip, Bottom in Sight?While Ethereum ETFs have experienced net outflows, reaching nearly $500 million recently, analysts believe Ethereum may have bottomed out. Market whales investors holding large amounts of Ethereum are actively buying, a signal pointing towards a bottom bounce